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Thursday, January 2, 2014

How long will it take you to retire?

I've mentioned numerous times how the single most important factor in determining when you can 'retire' is your savings rate. To that end, I found a great early retirement calculator for you guys to check out and play around with.

You can adjust most inputs; income, savings rate, return on investment, etc. It is better than looking at a static graph for getting an exact picture of how long it will take you to achieve FIRE. I have had a lot of fun playing around with this thing. It's motivating too!

-The Money Monk